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Commerce (English Medium) Class 12 - CBSE Question Bank Solutions for Economics

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Economics
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Which Indian state has been held as a success story in the efficient implementation of milk cooperatives?

[5] Rural Development
Chapter: [5] Rural Development
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How much do the “inland sources” contribute to the total fish production in India?

[5] Rural Development
Chapter: [5] Rural Development
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Name the state which is held as a success story in the efficient implementation of milk cooperative.

[5] Rural Development
Chapter: [5] Rural Development
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Blue revolution is associated with ______.

[5] Rural Development
Chapter: [5] Rural Development
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______ comes under horticulture.

[5] Rural Development
Chapter: [5] Rural Development
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Which of the following accounts for the largest share in the livestock sector of India?

[5] Rural Development
Chapter: [5] Rural Development
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Industrial Policy Resolution (IPR) 1956 formed the basis of the ____________ Five Year Plan.

[2] Indian Economy 1950-1990
Chapter: [2] Indian Economy 1950-1990
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Identify the incorrect statement from the following:

[5] Rural Development
Chapter: [5] Rural Development
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Read the following statements - Assertion (A) and Reason (R):

Assertion (A) - Human capital treats human beings as a means to an end (increase in productivity).

Reason(R) - Human Capital Formation decreases by way of investments in education and health.

From the given alternatives choose the correct one:

[4] Human Capital Formation in India
Chapter: [4] Human Capital Formation in India
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Arrange the following event in the correct chronological order:

i. The year of the great divide

ii. Establishment of Tata Iron and Steel Company (TISCO

iii. Introduction of Railways in India by the British

iv. Opening of Suez Canal

[1] Indian Economy on the Eve of Independence
Chapter: [1] Indian Economy on the Eve of Independence
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From the following given sets of statements in columns I and II, choose the correct pair of statements.

  Column I   Column II
A Exports of goods and services i Excess of Exports of goods over the Imports of goods
B Trade Surplus ii An element of invisible items
C Current Transfers to rest of the world iii Recorded as a positive item in the BOP account
D Portfolio Investments iv Foreign Institutional Investors
[2] Indian Economy 1950-1990
Chapter: [2] Indian Economy 1950-1990
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Read the following statements -Assertion (A) and Reason(R), Choose one of the correct alternatives given below:

Assertion (A): Since Independence, the economic condition of many farmers across India has improved as they have adopted horticulture as a secondary source of income.

Reason(R): Varying climatic and soil conditions have given India an added advantage to be the producer of diverse horticultural crops.

[5] Rural Development
Chapter: [5] Rural Development
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Keynes assumed that the price level was fixed because ______.

[1] Introduction
Chapter: [1] Introduction
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How is microeconomics different from macroeconomics?

[2] National Income Accounting
Chapter: [2] National Income Accounting
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Accelartor theory of investment is the ratio of ______.

[1] Introduction
Chapter: [1] Introduction
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National income is equal to ______.

[2] National Income Accounting
Chapter: [2] National Income Accounting
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According to Keynesian multiplayer model the value of MPC is 0.75 what would be the value of multiplayer.

[1] Introduction
Chapter: [1] Introduction
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Interest rates and bond prices are ______.

[1] Introduction
Chapter: [1] Introduction
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"Supply creates its own demand” is the idea of ______.

[1] Introduction
Chapter: [1] Introduction
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In the classical theory, output and employment are determined by ______.

[1] Introduction
Chapter: [1] Introduction
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